Kingfisher plc (LON:KGF - Get Free Report)'s stock price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 274.37 ($3.70) and traded as high as GBX 308.70 ($4.16). Kingfisher shares last traded at GBX 308.60 ($4.16), with a volume of 5,753,718 shares trading hands.
Wall Street Analyst Weigh In
Several brokerages recently commented on KGF. Berenberg Bank reduced their price target on shares of Kingfisher from GBX 312 to GBX 306 and set a "hold" rating for the company in a research report on Tuesday, July 29th. Canaccord Genuity Group upped their price target on shares of Kingfisher from GBX 306 to GBX 331 and gave the company a "hold" rating in a research report on Tuesday, September 23rd. Citigroup reduced their price target on shares of Kingfisher from GBX 300 to GBX 285 and set a "neutral" rating for the company in a research report on Wednesday, August 13th. Deutsche Bank Aktiengesellschaft downgraded shares of Kingfisher to a "hold" rating and reduced their price target for the company from GBX 320 to GBX 280 in a research report on Tuesday, August 26th. Finally, JPMorgan Chase & Co. restated an "underweight" rating on shares of Kingfisher in a research report on Wednesday, July 30th. Four investment analysts have rated the stock with a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, Kingfisher currently has an average rating of "Reduce" and an average price target of GBX 296.40.
Get Our Latest Stock Analysis on KGF
Kingfisher Trading Down 0.0%
The company's 50 day moving average price is GBX 268.97 and its 200 day moving average price is GBX 274.37. The company has a market cap of £5.36 billion, a price-to-earnings ratio of 3,117.17, a price-to-earnings-growth ratio of 2.87 and a beta of 0.96. The company has a debt-to-equity ratio of 7.12, a quick ratio of 0.27 and a current ratio of 1.26.
Kingfisher (LON:KGF - Get Free Report) last announced its quarterly earnings results on Tuesday, September 23rd. The home improvement retailer reported GBX 15.30 EPS for the quarter. Kingfisher had a net margin of 2.68% and a return on equity of 5.23%. Research analysts anticipate that Kingfisher plc will post 23.6949924 EPS for the current year.
Kingfisher Company Profile
(
Get Free Report)
Kingfisher plc is an international home improvement company with over 1,900 stores, supported by a team of c.76,000 colleagues. We operate in seven countries across Europe under retail banners including B&Q, Castorama, Brico Dépôt, Screwfix, TradePoint and Koçtaş. We offer home improvement products and services to consumers and trade professionals who shop in our stores and via our e-commerce channels.
See Also
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